Gold prices have fallen below the $4,000 mark, dropping nearly 3% this week as investors engage in selling and profit-taking. The current price stands at approximately $3,936, with potential further declines to $3,800. This downturn is attributed to renewed optimism surrounding U.S.-China trade negotiations, which has increased risk appetite and driven U.S. stock indices to record highs, diminishing gold's appeal as a safe-haven asset. Analysts remain divided on the outlook, with some viewing the drop as a healthy correction, while others warn of a possible 38% decline next year.
Gold Prices Dip Below $4,000 Amid U.S.-China Trade Optimism
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